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Dec 27, 2012
12/12
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michele is the privacy officer of mcafee. good morning. >> good morning to you. >> strikes me as we all go mobile, talk about opening a new doorway for thieves and criminals to enter, what does that mean for threats in the new year? >> it's really interesting. mobile is one of the places we're seeing a lot of new attacks. there's a couple deficit vectors for the attacks. the bump and steal attack. nfc, how you do mobile wallet. crooks are able to walk through crowds and literally bump into your phone and steal information from your phone. that's one of the attacks. the other thing is your telephone has turned into a powerful computing device and like you protect your pc and other devices, you need to think about protection on the phone itself from traditional hacking exploits. >> one of your predictions is a new mobile worm will go on a major shopping spree. you said digital wallet, you mentioned them already. we're getting used to paying with square or new google wallet. they have to be in some way putting protective measure
michele is the privacy officer of mcafee. good morning. >> good morning to you. >> strikes me as we all go mobile, talk about opening a new doorway for thieves and criminals to enter, what does that mean for threats in the new year? >> it's really interesting. mobile is one of the places we're seeing a lot of new attacks. there's a couple deficit vectors for the attacks. the bump and steal attack. nfc, how you do mobile wallet. crooks are able to walk through crowds and...
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Dec 18, 2012
12/12
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it really is. >> michelle, thanks so much. i want to get you a statement by the white house press secretary jay carney in reference to the plan b that house oh republicans put together a few moments ago. carney says, in short, the president is willing to work with republicans to reach a bipartisan solution. is he not willing to accept a deal that doesn't ask enough of the very wealthiest in taxes and instead shifts the burden to the middle class of seniors. the speaker's plan b approach dint meet this test because it cannot pass the senate and therefore will not protect middle class families. the president is hopeful that both sides can work out the differences. clearly the white house not impressed with plan b. straight ahead, marsha blackburn joins us live to talk about the fiscal cliff. don't go away. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose
it really is. >> michelle, thanks so much. i want to get you a statement by the white house press secretary jay carney in reference to the plan b that house oh republicans put together a few moments ago. carney says, in short, the president is willing to work with republicans to reach a bipartisan solution. is he not willing to accept a deal that doesn't ask enough of the very wealthiest in taxes and instead shifts the burden to the middle class of seniors. the speaker's plan b approach...
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Dec 19, 2012
12/12
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our michelle michelle caruso-cabrera is here with more. >> we're absolutely raising a red flag about a potential blowup within the chinese banking system. a financial product sold to investors in shanghai last year which was supposed to pay interest between 11% and 13% in one year, when it came due in late november, investors got zero, nothing. they lost both principle and interest. $22.5 million worth in total. the money was supposed to be invested in a pawnshop, two car dealershi dealerships, and entertainment venue. the investors who claimed they were told the product was risk free protested in front of the bank for days. those protests made headlines across the country. analysts believe this is the first time this type of product known as a wealth management product or a wmp has gone bust and so publicly. wealth management products are wildly popular in china because investors get higher interest rates than from savings accounts or cds. remember, the government controls interest rates in china. right now they're below the rate of inflation. chinese investors are desperate for yie
our michelle michelle caruso-cabrera is here with more. >> we're absolutely raising a red flag about a potential blowup within the chinese banking system. a financial product sold to investors in shanghai last year which was supposed to pay interest between 11% and 13% in one year, when it came due in late november, investors got zero, nothing. they lost both principle and interest. $22.5 million worth in total. the money was supposed to be invested in a pawnshop, two car dealershi...
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Dec 24, 2012
12/12
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. >> thanks, michelle. happy holidays to you. >>> we'll take a look at what is moving on this shortened day. >> going to ring the closing bell, we'll chat with him about the music business. the big debate is, is there a plan c for the whole fiscal cliff issue? never mind the pundits and the jokes. plan c doesn't stand for canada. the brief outline, the choices are getting narrow and not that hard to figure out. put up what that plan c looks like. the one on the table is still the old plan a. president obama's offer to raise taxes on the top 2%, restore the bush era tax cuts for the rest of us. yes there is talk about putting in spending cuts, raising medicare eligibility and changing the inflation measure for social security but that is still the one on the table. then there is the alternatives. the house passing that existing senate bill that's out there that would raise taxes on the top 2%. that doesn't include sequestration though. sequestration could happen so they have to either let it happen or insert
. >> thanks, michelle. happy holidays to you. >>> we'll take a look at what is moving on this shortened day. >> going to ring the closing bell, we'll chat with him about the music business. the big debate is, is there a plan c for the whole fiscal cliff issue? never mind the pundits and the jokes. plan c doesn't stand for canada. the brief outline, the choices are getting narrow and not that hard to figure out. put up what that plan c looks like. the one on the table is...
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Dec 17, 2012
12/12
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thank you michelle back at hq. let's get a check on energy and commodities as well. sharon epperson is at the miami next for us today. >> looking at gold prices right now that are just under at $1700 an ounce level. rather subdued trading in the gold market. monday morning a lot of traders saying not willing to make any big bets with the fiscal cliff still looming and also some commenting on not sure what dodd-frank will bring in the new year, as well. so all of those are reasons to stay on the side lines for the moment. we are above a key technical level for gold. above the 1685 level. that is significant traders say and may lead to perhaps some upside momentum in the oil rice. not much momentum in the oil price, either. we're looking at oil prices that are in a pretty tight range. we did see in the commitment of traders reports a reduction in the net long positions, though, for wti, crude futures. the big mover natural gas. natural gas has been on a seven-day losing streak down about 10% in that period of time. it's regained some momentum, it's supposed to get cool
thank you michelle back at hq. let's get a check on energy and commodities as well. sharon epperson is at the miami next for us today. >> looking at gold prices right now that are just under at $1700 an ounce level. rather subdued trading in the gold market. monday morning a lot of traders saying not willing to make any big bets with the fiscal cliff still looming and also some commenting on not sure what dodd-frank will bring in the new year, as well. so all of those are reasons to stay...
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Dec 31, 2012
12/12
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michelle? >> hampton pearson from d.c. the phrase fiscal cliff topping the words to be ban issued this year. that brings us to this morning's squawk on the tweet. what other phrases should be banned and why. remember, keep it clean. we've got your responses throughout the morning. >> or don't, right? >> or don't. we'll clean it. >> when we come back, unquestionably one of the most mentioned stocks in 2012, for good and bad reasons. yeah, apple, posting gains of almost 30% for the full year. we'll find out what the new year could hold for the iconic company and its stock when we return. elcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. [ male an
michelle? >> hampton pearson from d.c. the phrase fiscal cliff topping the words to be ban issued this year. that brings us to this morning's squawk on the tweet. what other phrases should be banned and why. remember, keep it clean. we've got your responses throughout the morning. >> or don't, right? >> or don't. we'll clean it. >> when we come back, unquestionably one of the most mentioned stocks in 2012, for good and bad reasons. yeah, apple, posting gains of almost...